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Add MercadoLibre Stock to Your Portfolio After Solid Q4 Earnings?
MELIMercadoLibre(MELI) ZACKS·2025-02-25 21:01

MercadoLibre (MELI) , Latin America's leading e-commerce and fintech company, delivered impressive fourth-quarter 2024 results. The company reported earnings of 12.61pershare,surpassingtheZacksConsensusEstimateby73.6912.61 per share, surpassing the Zacks Consensus Estimate by 73.69% and showing a remarkable 288% year-over-year increase. Revenues reached 6.05 billion, up 24% year over year (75% on an FX-neutral basis), beating the consensus mark by 3.7%.MELI Strong Ecosystem Growth ContinuesMercadoLibre achieved several significant milestones in 2024, passing 1 ...